An insurance company has determined that each week an average of 9 claims are filed in its Atlanta branch. What is the probability that during the next week
a. exactly 7 claims will be filed?
b. no claims will be filed?
c. less than 4 claims will be filed?
d. at least 18 claims will be filed?
a. .1171
b. .0001
c. .0212
d. .0053
You might also like to view...
Based on the information shown above, how much would you receive from selling 2,000 shares of the above stock?
A) €40,840 B) €40,740 C) €41,000 D) €42,560
If the financial statements cannot be relied upon because they contain one or more material departures from GAAP, the auditor will issue the following type of audit opinion:
A. Disclaimer. B. Qualified opinion. C. Unqualified opinion. D. Adverse opinion.
Which of the following is NOT an element of risk assessment?
a) Risk characterization b) Exposure assessment c) Control options d) Dose-response assessment
Which one of the following is a municipal bond that is secured by both the revenues from a project and also by the taxing authority of the municipality?
A. dual bond B. hybrid bond C. mixed bond D. general obligation bond E. multiple bond